CI Investments

RRIF Payment

Calculate your RRIF payment
and how long your RRIF will last.

RRIF value
Start RRIF at age
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End RRIF at age
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Younger spouse's age
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Rate of return
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Fixed payment
Inflation rate
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Start RRIF at age

You can start making withdrawals from a RRIF at any age but this calculator assumes age 50 is the earliest you can start. You must start making withdrawals by age 71.
Start payments in

You can start withdrawals in the first or second year of your RRIF. You can skip the first year withdrawal to allow more of your RRIF to grow in value.
Inflation rate

This inflation rate is used to index the annual fixed payment.
Input Error: Rate of return

The maximum rate of return you can enter is 15.00%.
Input Error: Inflation rate

The maximum inflation rate you can enter is 5.00%.
Use spouse's age

If your spouse is younger than you, you can use their age to calculate your minimum amount. If you plan on starting your RRIF at age , enter the age that your spouse will be when you are age in the field below.
Younger spouse's age

Enter the age that your spouse will be when you are age .
Input Error: Younger spouse's age

Enter an age less than , the Start RRIF at age number.
RRIF Payment Schedule

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Annual RRIF payments are made at the start of the year. RRIF withdrawal rates announced in the 2015 Federal Budget are used in the calculations. This calculator assumes the RRIF was opened after 1992.

This calculator is for educational purposes only. All charts and illustrations are for illustrative purposes only and are not intended to illustrate the performance of any security or portfolio. You should not rely on the results as an indication of your financial needs and we recommend that you seek your own financial, investment, tax, legal or accounting advice nor shall the information herein be considered as investment advice or as a recommendation to enter into any transaction. Professional advice should be obtained prior to acting on the basis of this information. The deduction of advisory fees, brokerage or other commissions and any other expenses that would have been paid may not be reflected in the calculation results. ® CI Investments and the CI Investments design are registered trademarks of CI Investments Inc.